Only 6 crore out of 29 crore persons holding permanent account number (PAN) file income tax returns at present.

E-Filing To Start From April 1

The e-filing facility for ITR-1 is enabled from April 1, and ITRs can be filed till the stipulated deadline of July 31.

At the time of filing the form, the taxpayer has to fill in PAN, Aadhaar number, personal information and information on taxes paid. TDS will be auto-filled in the form.

Post-July 1, as per amendments to the Finance Bill 2017 as passed by the Lok Sabha, it would become mandatory for an assessee to provide the Aadhaar number or the number showing that he has applied for Aadhaar in the ITR.

Also, ITR 4 (filed by Individuals & HUFs having income from a proprietary business or profession) will now be known as 'Sugam, ' and ITR-4S will be substituted.

The form ITR-4S was used for filing ITR by individuals/HUF or Partnership Firm having income from the presumptive business.

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